New to Canada Mortgage Program and Stats

Below are some interesting numbers of New to Canada residents.

We specialize in New to Canada programs as there are many in’s and out’s with the details.

Because New to Canada people do not have the standard 2 years of Canadian credit history here to buy a home, there are special programs that help them buy as soon as they have a full-time, perminant job.

The Short Version of what is needed:

1. a full time permanent job position and either
2. 5% down payment from your own savings if you have a foreign credit report OR
   1. 10% down from own savings if you do not have a foreign credit report

Give us a call to discuss the details of how this program may work for you!

Mortgage Mark Herman, Top Calgary Alberta Mortgage Broker, 403-681-4376

Facts and figures 2013 – Immigration overview: Permanent residents

Canada – Permanent residents by source country

Source country	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013
People’s Republic of China	36,620	42,584	33,518	27,642	30,037	29,622	30,391	28,503	33,024	34,126
India	28,235	36,210	33,847	28,742	28,261	29,457	34,235	27,509	30,932	33,085
Philippines	14,004	18,139	18,400	19,837	24,888	28,573	38,617	36,765	34,314	29,539
Pakistan	13,399	14,314	13,127	10,124	8,994	7,217	6,811	7,468	11,227	12,602
Iran	6,348	5,837	7,480	6,974	6,475	6,580	7,477	7,479	7,533	11,291
United States of America	6,990	8,394	9,613	9,463	10,190	8,995	8,142	7,675	7,891	8,495
United Kingdom and Colonies	7,533	7,258	7,140	8,216	8,979	8,876	8,724	6,204	6,195	5,826
France	4,391	4,429	4,002	4,290	4,532	5,051	4,646	4,080	6,280	5,624
Iraq	1,796	2,226	1,788	2,406	3,543	5,450	5,941	6,196	4,041	4,918
Republic of Korea	5,352	5,832	6,215	5,920	7,294	5,874	5,537	4,589	5,315	4,509